Nonprofit · EIN 75-1058831
RAINBO CLUB INC
Tax-exempt · ATHENS, TX 75751
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $1,153,789 | $921,880 | $231,909 | $1,792,121 | $16,558 | $1,775,563 |
| August 31, 2024 | 990 | $464,811 | $486,130 | -$21,319 | $1,937,254 | $396,803 | $1,540,451 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,153,500
- Investment income
- $0
- Net rental income
- $180
- Other revenue
- $289
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $148,020
- Salaries, compensation and benefits (total)
- $160,821
- Professional fundraising fees
- $0
- Legal fees
- $2,222
- Accounting fees
- $19,750
- Depreciation
- $102,978
Balance sheet and other
- Total assets, start of year
- $1,937,254
- Total assets, end of year
- $1,792,121
- Total liabilities, end of year
- $16,558
- Net assets, end of year
- $1,775,563
- Land, buildings and equipment
- $1,478,173
- Gross receipts
- $1,153,789
- Employees
- 3
- Year formed
- 1960
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES FEAGIN | PRESIDENT Officer | – | $0 |
| TROY PHILLIPS | DIRECTOR Trustee or director | – | $0 |
| BOB HOLLAND | DIRECTOR Trustee or director | – | $0 |
| JAMES FRANCIS | SECRETARY Officer | – | $0 |
| ALLEN DYE | DIRECTOR Trustee or director | – | $0 |
990 for the year ended August 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES FEAGIN | PRESIDENT Officer | – | $0 |
| TROY PHILLIPS | DIRECTOR Trustee or director | – | $0 |
| BOB HOLLAND | DIRECTOR Trustee or director | – | $0 |
| JAMES FRANCIS | SECRETARY Officer | – | $0 |
| ALLEN DYE | DIRECTOR Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 912, ATHENS, TX 75751-0912
- Principal officer (990 for 2024)
- JAMES FEAGIN, PO BOX 912, ATHENS, TX 75751
- Signed the 990
- JAMES FEAGIN, PRESIDENT
- Phone
- (903) 675-5675
- Return prepared by
- PARKER & RICHARDSON PC
Mission
SOCIAL AND RECREATIONAL CLUB
Program accomplishments
- IMPROVEMENTS WERE MADE TO THE LAKES FOR RECREATIONAL USE AND TO IMPROVE THE QUALITY OF FISHING.
- THE PROPERTY WAS MAINTAINED AND IMPROVED TO ENHANCE IT FOR THE WILDLIFE AND PROMOTE CONTROLLED HUNTING.
- EFFORTS WERE MADE TO CONSERVE THE NATURAL RESOURCES OF THE LAND AND TO MAINTAIN THE VISUAL ASPECTS OF THE LAND.
- ALL EXPENSES APPLICABLE TO 4A, 4B AND 4C
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 75-1058831
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1962
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,792,121
- Income (IRS master file)
- $1,153,789
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $1,153,789 | $921,880 | $1,792,121 | XML |
| 990 | August 2024 | $464,811 | $486,130 | $1,937,254 | XML |
| 990 | August 2023 | $635,747 | $550,729 | $1,612,805 | IRS |
| 990 | August 2022 | – | – | – | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990 | August 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 75-1058831).
Questions about RAINBO CLUB INC
- What is the EIN of RAINBO CLUB INC?
- The employer identification number (EIN) of RAINBO CLUB INC is 75-1058831.
- Is RAINBO CLUB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1962.
- Are donations to RAINBO CLUB INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does RAINBO CLUB INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of RAINBO CLUB INC due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RAINBO CLUB INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of RAINBO CLUB INC?
- The 990 for the year ended August 31, 2025 names JAMES FEAGIN.
- Who are the officers and directors of RAINBO CLUB INC?
- The 990 for the year ended August 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does RAINBO CLUB INC have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $1,153,789, expenses of $921,880 and total assets of $1,792,121 at year end.
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